LIMERICK, Ireland & DARIEN, Conn.--(EON: Enhanced Online News)--Waypoint Leasing (Ireland) Limited (“Waypoint”), a leading global helicopter leasing company, today announced that Oliver Althoff, former Director of Transportation Lending at CIT Group, will join Waypoint as Managing Director of Capital Markets & Treasury, effective November 11, 2013. Mr. Althoff will be responsible for leading the development and execution of Waypoint’s debt financing strategy and the management of the Treasury function.
“We are thrilled to welcome Oliver to the Waypoint team. He brings unique expertise and a breadth of experience from CIT Group, including financing helicopter and aviation operators.”
Alan Jenkins, CFO of Waypoint, said, “We are thrilled to welcome Oliver to the Waypoint team. He brings unique expertise and a breadth of experience from CIT Group, including financing helicopter and aviation operators.”
Ed Washecka, CEO of Waypoint, added, “Oliver’s insights and contributions will be instrumental as we continue growing Waypoint’s position as a leading provider of helicopter leasing and financing solutions globally.”
Oliver has worked in a variety of senior roles at CIT Group over the last seven years, most recently as a Director of its Transportation Lending group. In that role, he originated and closed over $1.4 billion in cash-flow, asset-based and structured asset financings. Prior to joining CIT Group, Oliver spent two years at GE Capital in various Corporate Lending positions as part of GE’s post-MBA Commercial Leadership Program.
Mr. Althoff received an M.B.A. from the Wharton School at the University of Pennsylvania and an M.P.A. from the Cornell Institute of Public Affairs at Cornell University. He also received a B.A. with distinction from Cornell University.
About Waypoint Leasing (Ireland) Limited
Waypoint is a global helicopter lessor providing aircraft and financing solutions to helicopter operators around the world. Headquartered in Limerick, Ireland, and with operations in Darien, CT, Waypoint partners with helicopter operators across a wide range of sectors, including oil and gas, emergency medical service, search and rescue, firefighting and governmental support. Further information is available at http://www.waypointleasing.com/.